Question

Do you agree that if the scarce resources are not utilized fully, it is wastage of resources?
Comment.​

Answer 1

Answer:

If all the resources in the economy are fully employed, then the quantity of one commodity can be increased only by forgoing some quantity of the other. ... This is not a good sign, as the resources are already scarce. If these scarce resources are also not utilized fully, it is wastage of resources.

Explanation:

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